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Posted by
Two Blokes Jun 24 -
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Stock
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Major Drilling Group's acquisition of Explomin expands its rig count and South American presence, executed at an attractive valuation with no share dilution. Despite short-term integration challenges, management expects a 20% revenue jump in Q1 2026. The mining sector is emerging from a prolonged downturn, with rising exploration budgets and commodity prices poised to drive demand for drilling services.
